NOT LISTED FOR SALE

Beachmark Condo 7301 Atlantic Ave Unit 4F Ocean City, MD 21842

Estimated Value: $387,299 - $423,000

1 Bed
1 Bath
756 Sq Ft
$408/mo HOA Fee

Last Sold May 07, 2021

Last sale price $330,000 $437 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,908/month

1 Day on Market

Highlights

  • Ocean Front
  • Water Access
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Sandy Beach
  • Furnished

About This Home

As of May 2021

WOW! Don't miss this one! Beautiful, well-maintained, Large 1 bedroom condo direct oceanfront! Located on 4th floor for a stunning view of the beach and ocean. Fully furnished. Beachmark has an oceanfront pool and a secure elevator to make life easy and safe for you. Huge porch with storm shutters. Sliding doors and glass just replaced. Water heater less than 1 year young. Private locker for all your beach needs. Under building assigned parking spot! Great rental potential. Beachmark is centrally located near many fine restaurants and retail outlets on the highway.

Last Agent to Sell the Property

Steve Mastbrook

Long & Foster Real Estate, Inc. License #RS0021087 Listed on: 03/28/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Katie Quinn

Berkshire Hathaway HomeServices PenFed Realty-WOC License #656189

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1968

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition

HOA Fees

  • $408 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 756 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Dining Room
  • Ocean Views
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 4F
  • Assessor Parcel Number 10-084369

Community Details

Overview

  • Mid-Rise Condominium
  • Beachmark Community
  • Property Manager

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,990

Year Built

Built in 1968

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Exclusions: personal Items
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Remarks Public: WOW! Don't miss this one! Beautiful, well-maintained, Large 1 bedroom condo direct oceanfront! Located on 4th floor for a stunning view of the beach and ocean. Fully furnished. Beachmark has an oceanfront pool and a secure elevator to make life easy and safe for you. Huge porch with storm shutters. Sliding doors and glass just replaced. Water heater less than 1 year young. Private locker for all your beach needs. Under building assigned parking spot! Great rental potential. Beachmark is centrally located near many fine restaurants and retail outlets on the highway.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Window Treatments
  • Window Features: Screens
  • Floors In Unit Count: 5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Common
  • Total Sq Ft: 756
  • Living Area Sq Ft: 756
  • Price Per Sq Ft: 396.69
  • Above Grade Finished Sq Ft: 756
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7301

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Built-Up, Flat
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1223.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5404018
  • Tax Annual Amount: 2990.00
  • Assessor Parcel Number: 10-084369
  • Tax Lot: 4F
  • Tax Total Finished Sq Ft: 756
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/07/2021

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
May 7, 2021
Sold by
Hirsch Patrick Francis and Hirsch Judilee F
Bought by
Selim Jamshed and Alam Margina
Seller's Agent
Steve Mastbrook
Long & Foster Real Estate, Inc.
Buyer's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$299,900
Sold Price
$330,000
Premium/Discount to List
$30,100
10.04%
Current Estimated Value
$401,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,825
Avg. Annual Appreciation
4.75%
Original Mortgage
$264,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Hirsch Catherine S
Bought by
Ahlquist John Robert and Ahlquist Patricia Anne

Purchase Details

Closed on
Apr 10, 2007
Sold by
Hirsch Thomas E and Hirsch Catherine S
Bought by
Hirsch Catherine S

Purchase Details

Closed on
Mar 8, 2007
Sold by
Hirsch Thomas E and Hirsch Catherine S
Bought by
Hirsch Catherine S

Purchase Details

Closed on
Oct 22, 1985
Sold by
Harris Charles H
Bought by
Hirsch Thomas E and Hirsch Catherine S

Purchase Details

Closed on
Apr 25, 1984
Sold by
Hirsch Thomas E and Hirsch Catherine S
Bought by
Harris Charles H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Selim Jamshed $330,000 Capitol Title Group
Ahlquist John Robert -- None Available
Hirsch Patrick Francis -- None Available
Hirsch Catherine S -- --
Hirsch Catherine S -- --
Hirsch Thomas E $13,000 --
Harris Charles H $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selim Jamshed $263,600
Closed Selim Jamshed $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $330,000 +10.0% $437 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $299,900 -- $397 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,354 $260,033 $0 $0
2024 $3,354 $240,367 $0 $0
2023 $3,102 $220,700 $154,400 $66,300
2022 $3,059 $217,667 $0 $0
2021 $3,033 $214,633 $0 $0
2020 $2,990 $211,600 $148,100 $63,500
2019 $3,010 $211,600 $148,100 $63,500
2018 $2,980 $211,600 $148,100 $63,500
2017 $2,933 $213,100 $0 $0
2016 $2,976 $206,567 $0 $0
2015 $2,976 $200,033 $0 $0
2014 $2,976 $193,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO120978

Bright MLS

APN: 10-084369